Articles Recently Tagged: Dwelling Unit Merger

(26 posts)
Unfinished Pac Heights Flip Fetches $4.7M

Unfinished Pac Heights Flip Fetches $4.7M

Purchased for $4.1 million in December of 2014 and relisted for $6.5 million the following September along with plans to transform the legal 3-unit building into a contemporary 7,000-square-foot home, “designed to be used as a single family residence,” the sale of 2620 Buchanan Street has closed escrow with... Read More »

Another Million Dollar Cut for That Four Seasons Super Unit Shell

Another Million Dollar Cut for That Four Seasons Super Unit Shell

Asking $5.95 million at the end of 2014, the 2,757-square-foot unit #22A on the twenty-second floor of the Four Seasons Residences was reduced to a shell following its approval to be merged with the adjacent unit #22B to create a 3,600-square-foot “super unit,” and its price was subsequently reduced... Read More »

Glen Park Owl House Fetches $2.95 Million with Plans

Glen Park Owl House Fetches $2.95 Million with Plans

Designed by architect Jeremy Kotas and dubbed the Owl House, for reasons beyond simply being perched high on a hill, 140 Laidley Street quietly traded hand in 2009 for $2.35 million. In addition to the modern two-bedroom house which features an open floor plan, soaring ceilings, a rather distinctive... Read More »

Unaffordable Housing Threshold Hits $1.63 Million in San Francisco

The value at which a residential unit in San Francisco is now considered to be “demonstrably unaffordable and financially inaccessible” by the City’s Planning Department has just been raised to $1.63 million, up from $1.51 million and versus $1.34 million in 2013. The demonstrably unaffordable mark, which is set... Read More »

Legislation to Mandate Legalization of Illegal Units, Restrict Mergers

Legislation which would require special authorization from San Francisco’s Planning Commission in order to merge or remove any residential unit in the city – whether legal, illegal or demonstrably unaffordable – is working its way through the City’s Board of Supervisors. And in addition to further restricting the merger... Read More »

Million Dollar Price Cut For The Four Seasons Super Unit Shell

Million Dollar Price Cut For The Four Seasons Super Unit Shell

The merger of two adjoining units on the twenty-second floor of the Four Seasons Residences to create a 3,600-square-foot “super unit” with three parking spaces below was approved by San Francisco’s Planning Commission last year. The two units, 765 Market Street #22A and 765 Market Street #22B, subsequently hit... Read More »

Legislation To Close Eviction ‘Loophole’ Drafted

The merger or absorption of a non-permitted apartment back into the square footage of an existing house, a tactic which has been employed to re-establish properties as single-family homes in order to circumvent rent control and effectively evict tenants by raising their rents to market rates (or more) in... Read More »

Potential For A $7.5M “Super Unit” In The Four Seasons

As we first reported eight months ago: The owner of the three-bedroom condo #22A at the Four Seasons Residences in San Francisco purchased the adjoining 836 square foot one-bedroom in October of 2008 and would like to merge the two units to create a 3,743 square foot four-bedroom home.... Read More »

Three Months Later And Flipped For $2.3 Million More

Three Months Later And Flipped For $2.3 Million More

Purchased as a three-unit building for $2.6 million three months ago and quickly remodeled as a “lavish” single-family home with gold fixtures, marble countertops and a La Cornue range in the kitchen; an outdoor living room complete with a television mounted over the new gas fireplace out back; and... Read More »

Unaffordable Housing Mark Hits $1.5 Million In San Francisco

The owner of the three-bedroom condo #22A at the Four Seasons Residences in San Francisco purchased the adjoining 836 square foot one-bedroom in October of 2008 and would like to merge the two units to create a 3,743 square foot four-bedroom home. As the proposed merger will result in... Read More »